4//SEC Filing
Smith Chad M. 4
Accession 0002022869-25-000011
CIK 0001835856other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 9:08 PM ET
Size
14.2 KB
Accession
0002022869-25-000011
Insider Transaction Report
Form 4
Smith Chad M.
Pres & COO, Better Mortgage
Transactions
- Exercise/Conversion
Class A Common Stock
2025-11-01+4,833→ 10,212 total - Exercise/Conversion
Restricted Stock Units (Class A)
2025-11-01−4,833→ 24,167 total→ Class A Common Stock (4,833 underlying) - Award
Restricted Stock Units (Class A)
2025-11-03+15,000→ 15,000 total→ Class A Common Stock (15,000 underlying) - Award
Restricted Stock Units (Class A)
2025-11-03+15,000→ 15,000 total→ Class A Common Stock (15,000 underlying) - Tax Payment
Class A Common Stock
2025-11-01$73.21/sh−2,455$179,731→ 7,757 total
Holdings
- 26,372(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The restricted stock units will vest with respect to (i) 3/12ths of such restricted stock units on July 1, 2025, (ii) 8/12ths of such restricted stock units in equal monthly installments beginning on August 1, 2025 through March 1, 2026, and (iii) the remaining 1/12th of such restricted stock units on March 15, 2026.
- [F3]The restricted stock units ("RSUs") are subject to both performance- and time-based vesting criteria. The performance-based criteria provides for the achievement of a specified stock price goal of the Issuer's Class A common stock occuring during the period beginning on October 1, 2025 and ending on December 31, 2030 (the "Performance Period"). 25% of the RSUs shall time vest on the one year anniversary of the grant date and the remainder of the RSUs shall time vest quarterly over the following 36 months, subject to the Reporting Person's continued service with the Issuer. In the event the performance criteria is not met during the Performance Period, the RSUs shall be forfeited.
Documents
Issuer
Better Home & Finance Holding Co
CIK 0001835856
Entity typeother
Related Parties
1- filerCIK 0002022869
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 9:08 PM ET
- Size
- 14.2 KB